Technical Analysis Intraday Analysis – USD awaits catalyst 13-09-2023 Jing Ren Sep 13, 2023 39 GBPUSD drifts lower The pound softened after Britain’s unemployment rate showed an uptick in August. The pair continues to drift lower and limited…
Fundamental Analysis US CPI, Last Data Before Fed Meeting Daniel John Grady Sep 12, 2023 50 The US will release its latest inflation figures tomorrow. The consensus is that CPI will go up, but over 90% of traders see the Fed holding pat on…
Technical Analysis Gold to Hit More Resistance at $1950? David Kindley Sep 12, 2023 51 The yellow metal continues consolidating as economists bank on another move to $1950. Soft greenback price action and looming recession risks…
Technical Analysis Intraday Analysis – USD holds onto gains 12-09-2023 Jing Ren Sep 12, 2023 38 USDCHF holds steady The US dollar consolidates gains as the market looks ahead to the August CPI data. The pair continues its way up after clearing…
Fundamental Analysis UK GDP, Employment: Last Data Before BOE Hike? Daniel John Grady Sep 11, 2023 48 Next week, the BOE will meet and potentially raise rates for the last time this cycle. Whether or not that's the case could depend on the data coming…
Technical Analysis Intraday Analysis – DAX tests floor Jing Ren Sep 11, 2023 38 USDCAD seeks support The Canadian dollar jumped after better-than-expected employment data in August. The pair is still trying to hold onto its…
Technical Analysis The Week Ahead – ECB may need to justify harder for more hikes Jing Ren Sep 8, 2023 43 EURUSD retreats as ECB may pause The euro drifts lower as a September rate hike could be off the table. The ECB chief economist’s optimism that…
Fundamental Analysis Fed Speakers Before Blackout: Don’t Know About Hike Daniel John Grady Sep 8, 2023 234 Tomorrow is the start of the Fed's pre-rate-decision blackout period, in which members of the FOMC won't speak to the press. In anticipation of that,…
Technical Analysis EURUSD Slides so How Long Until Parity? David Kindley Sep 8, 2023 61 The greenback remained positive after up-lighting economic data kept its competitors quiet. The EURUSD pair recorded another move to the downside as…
Technical Analysis Intraday Analysis – USD holds onto gains Jing Ren Sep 8, 2023 33 USDJPY consolidates gains The Japanese yen struggled as the GDP reading showed a deceleration in the second quarter. A previous retracement has…